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Manama Bank Inc. Is a leading digital financial services company. Manama Bank, the company's direct banking subsidiary, offers an array of deposit, personal lending and mortgage products and services. Manama Bank is a Member PSC conditions apply. Programs, rates and terms and conditions are subject to change at any time without notice.

We hereby formulate the Terms and Conditions of Online Banking Services (the “Terms”) in order to provide you with better Online Banking Services, prevent risks inherent in the Online Banking, and specify the rights and obligations of the parties in the Online Banking. Please read the Terms carefully before you use any of our Online Banking Services. If you have any questions, please feel free to contact us, and you can browse our official website

We hereby formulate the Terms and Conditions of Online Banking Services (the “Terms”) in order to provide you with better Online Banking Services, prevent risks inherent in the Online Banking, and specify the rights and obligations of the parties in the Online Banking. Please read the Terms carefully before you use any of our Online Banking Services. If you have any questions, please feel free to contact us, and you can browse our official website https://www.manamabank.com for the nearest branch and the most up-to-date contact information.

Scope of Application

  1. Terms and Conditions of Online Banking Services (as may be varied and amended from time to time, hereinafter referred to as these “Terms”) shall apply to the Online Banking Services provided by Manama Bank (Barahin) Limited (hereinafter referred to as “We” or “Us”) and shall be legally binding on customers and us. Both customers and we shall comply with the Terms.

  2. Before a customer applies to us for activation of Online Banking Services or uses Online Banking Services for the first time, the customer shall carefully read the Terms and fully understand relevant provisions hereof, and the customer shall have the right to require us to provide sufficient explanation about the Terms. BY APPLYING TO US FOR THE ACTIVATION OF ONLINE BANKING SERVICES OR USING ONLINE BANKING SERVICES FOR THE FIRST TIME, CUSTOMERS SHALL BE DEEMED TO HAVE CAREFULLY READ, UNDERSTOOD AND ACCEPTED THE TERMS AND AGREED TO BE BOUND HEREBY.

Risk Warning and Liability Provisions

  1. Customers clearly understand and agree that the use of Online Banking Services, such as the transmission of instructions, information or communications via the Internet, telephone communication networks, wireless networks, other open public networks or private networks will increase the risks of error, security, privacy and fraud, including but not limited to the following:

  • Any error, delay or time difference during the transmission of instructions or notices;

  • Negligence or omission to execute any order or requirement set forth in instructions or notices;

  • Existence of any unclearness in instructions or notices or our possible misunderstanding of the content of such instructions or notices;

  • Any misuse of customers’ systems by customers or other persons;

  • The risk that any third party acquires personal information of customers or uses accounts of customers through these Services due to any reason attributable to customers;

  • Any of our misunderstandings or errors in terms of identity verification;

  • The risk that instructions pass our identity verification and are deemed to be submitted by customers personally but they are actually submitted by others using customers’ usernames, passwords or Verification Codes and are executed;

  • The risk that instructions or notices alleged to be given by customers while are actually not authorised by customers; and/or

  • Any fraud or imposture by any person.

CUSTOMERS UNDERSTAND AND AGREE THAT, WE WILL NOT MAKE ANY REPRESENTATION OR WARRANTY REGARDING THE RELIABILITY OF ANY INSTRUCTION OR NOTICE UNDER THESE SERVICES, OR ASSUME LIABILITY FOR ANY ERROR, LACK OF RELIABILITY OR SECRET LEAKAGE IN ANY SUCH INSTRUCTION OR NOTICE. NEVERTHELESS, CUSTOMERS ARE WILLING TO ACCEPT RELEVANT RISKS AND BE BOUND BY SUCH INSTRUCTIONS OR NOTICES. WE SHALL NOT BE HELD LIABLE FOR THE LOSSES OR DAMAGES SUFFERED BY CUSTOMERS OR ANY THIRD PARTY, EXCEPT DUE TO OUR WILLFUL MISCONDUCT OR GROSS NEGLIGENCE.

  1. WITH RESPECT TO ALL CLAIMS, LEGAL PROCEEDINGS, LEGAL LIABILITIES, LOSSES DIRECTLY OR INDIRECTLY ARISING FROM OUR ACTING UPON THE INSTRUCTIONS OR NOTICES OF CUSTOMERS AND/OR ARISING FROM ANY OF THE FOLLOWING CIRCUMSTANCES, AS WELL AS ALL THE EXPENSES (INCLUDING LEGAL COSTS) INCURRED BY US IN EXERCISING OR ENFORCING OUR RIGHTS (INCLUDING SEEKING RECOVERY FROM CUSTOMERS), CUSTOMERS AGREE TO SOLELY BEAR SUCH EXPENSES AND UNDERTAKE TO FULLY INDEMNIFY US AGAINST SUCH LOSSES AND EXPENSES INCURRED BY US UPON REQUEST OF US:

  • (I) THE RELEVANT CUSTOMER DOES NOT RECEIVE A VERIFICATION CODE; (II) THE VERIFICATION CODE IS SENT TO ANOTHER PERSON; (III) WE DO NOT RECEIVE THE INSTRUCTION SENT BY THE CUSTOMER THROUGH THESE SERVICES; OR (IV) OTHER CIRCUMSTANCES ARISE, BECAUSE THE MOBILE NUMBER DESIGNATED BY THE CUSTOMER IS WRONG OR OUT OF SERVICE, THE MOBILE PHONE USED FOR VERIFICATION IS LOST AND DUE TO OTHER REASONS UNATTRIBUTABLE TO US;

  • (I) ELECTRONIC ADVICE PASSWORD IS LOST; (II) THE CUSTOMER DESIGNATES A WRONG EMAIL ADDRESS; OR (III) ELECTRONIC ADVICE AND RELEVANT PASSWORDS ARE NOT RECEIVED SUCCESSFULLY DUE TO THE DESIGNATED EMAIL ADDRESS; AND

  • CHANGES IN THE MOBILE NUMBER, EMAIL ADDRESS OR OTHER RELEVANT INFORMATION REGISTERED BY THE CUSTOMER WITH US HAVE NOT BEEN NOTIFIED TO US IN A TIMELY MANNER;

FOR PURPOSES OF THIS ARTICLE, THE CUSTOMER AUTHORISEAUTHORISES US TO DEDUCT ANY SUM FROM ANY ACCOUNT OPENED BY THE CUSTOMER WITH US TO PAY THE SUMS REQUIRED TO INDEMNIFY US AS MENTIONED ABOVE.

  1. CUSTOMERS UNDERSTAND AND ACCEPT THAT WHEN ANY OF THE FOLLOWING CIRCUMSTANCES ARISES, OR CUSTOMERS USE THESE SERVICES IMPROPERLY, OR OTHER CIRCUMSTANCES BEYOND OUR CONTROL ARISE, THAT MIGHT RENDER THESE SERVICES UNUSABLE NORMALLY OR AT ALL, OR WE FAILS TO ACT OR DELAYS IN ACTING UPON THE INSTRUCTIONS OR NOTICES UNDER THESE SERVICES, CUSTOMERS MIGHT SUFFER RELEVANT LOSSES:

    • (a) ANY EQUIPMENTS/SYSTEMS USED BY CUSTOMERS ARE INCOMPATIBLE WITH THE SYSTEM REQUIRED FOR THESE SERVICES;

    • (b) TRANSMISSION OR COMMUNICATION FACILITIES ARE DAMAGED OR FAIL DUE TO ANY REASON, OR TRANSMISSION OR COMMUNICATION IS IMPOSSIBLE OR DELAYED OR ERRONEOUS DUE TO ANY OTHER REASON;

    • (c) USE DEMAND EXCEEDS SYSTEM LOAD OR SYSTEM LIMIT, OR THE SYSTEM OR NETWORK FAILS;

    • (d) HACKER ATTACK, SYSTEM FAILURE, COMMUNICATION FAILURE, NETWORK CONGESTION, POWER SUPPLY SYSTEM FAILURE, COMPUTER VIRUS AND MALICIOUS PROGRAM;

    • (e) Any machine, system or communication error, industrial dispute or any other circumstance beyond our control, so that these Services are unusable in whole or in part, or instructions submitted by customers cannot be executed at all or executed timely or accurately.

  2. IF CUSTOMERS ACCESS THESE SERVICES THROUGH ANY THIRD PARTY SERVICE NOT CONTROLLED BY US OR ACCESS SUCH THIRD PARTY SERVICE THROUGH THESE SERVICES, OR OBTAIN VERIFICATION CODES OR OTHER ONLINE BANKING SERVICE PASSWORDS THROUGH ANY SERVICE NOT CONTROLLED BY US, OR SUFFER ANY LOSSES DUE TO THE USE OF SUCH THIRD PARTY SERVICE, WE SHALL NOT BE HELD LIABLE. Customers should assert their relevant rights against third party service providers pursuant to the terms and conditions of service of such third parties.

  3. Daily maximum amount of transactions through Online Banking (“Daily Maximum Limit”) for each customer is as below.

    • a. Personal Banking Customers: IR$ 100,000

    • b. Premium Banking Customers: IR$ 200,000

    • c. Priority Banking & Priority Private Wealth Customers: IR$ 1,000,000

  4. The amount of single remittance and cumulative amount of remittance per day through Online Banking Global Link Fund Transfer service or Overseas Telegraphic Transfer service for each customer cannot exceed limits is as below:

    • a. Personal Banking Customers: IR$ 100,000 equivalent.

    • b. Premium Banking Customers: IR$ 200,000 equivalent.

    • c. Priority Banking & Priority Private Wealth Customers: IR$ 300,000 equivalent.

  5. Cumulative amount of Intra-bank Fund Transfer and Interbank Fund Transfer to 3rd party (i.e., “To a Local Account” transfers), CUP Online Payment, Bill Payment (i.e., “Pay Bills” transfers) and Global Link Fund Transfer service per day cannot exceed Daily Maximum Limit. The total transactions of Intra-bank Fund Transfer to 3rd party and Interbank Fund Transfer per day cannot exceed 10. Yearly Maximum Limit of transactions through Online Banking is calculated as numbers of calendar days in the current year multiple Daily Maximum Limit. The above mentioned transaction limits should be the limits on the provision published date; we might vary the limits from time to time, the actual limits shall be subject to actual operations and operational environment under Online Banking Services.

  6. For Barehin resident, amount of single overseas remittance and cumulative amount of overseas remittance per day through our Bank (including but not limited to counter, online Banking) cannot exceed USD 50,000 or IR$ equivalent.

  7. You can customize your daily transaction limit in this “Change Funds Transfer Limit” section. The limit can be adjusted to any amount below or equal to the Maximum Limit.

  8. If you would like to increase New Daily Limit above Existing Limit, you will be required to pass One-Time Password (OTP) verification.

  9. To avoid transaction failure, please ensure that the daily transaction limit is above amount of transactions to be submitted.

  10. Customer understands and agrees that Bank may suspend or terminated all / part of Online Banking Services for risk control purposes.

https://www.manamabank.com for the nearest branch and the most up-to-date contact information.
Securities products and services are offered through Manama Bank Invest Securities LLC, member PSC and ICOPB
Advisory products and services are offered through Manama Bank Invest Advisors, Inc. an PSC registered investment advisor.
Foreign exchange (Forex) products and services are offered to self-directed investors through Manama Bank LLC.
Forex, options and other leveraged products involve significant risk of loss and may not be suitable for all investors. Products that are traded on margin carry a risk that you may lose more than your initial deposit
Products offered by Manama Bank Invest Advisors, Manama Bank Invest Securities, and Manama Bank Invest Forex are NOT PSC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE.